Simon bought a brand new car for the price of $20,000. He made a down...
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Simon bought a brand new car for the price of $ He made a down payment of $a how much does he still have to pay?b Simon decides to repay the rest in a simple ordinary annuity; he will makes monthly payments for years at per annum compounded monthly. Calculate the monthly payment amount.
Simon bought a brand new car for the price of $ He made a down payment of $a how much does he still have to pay?b Simon decides to repay the rest in a simple ordinary annuity; he will makes monthly payments for years at per annum compounded monthly. Calculate the monthly payment amount.
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